5 Reasons Bitcoin is Gaining Popularity Among Online Casinos

Paul Greenhalgh

General

24 March, 2014

If you found yourself gaining interest in Bitcoins, then you are not the only one. Millions of people around the world are jumping on the Bitcoin bandwagon and discovering what a peer-to-peer payment system can do for them. However, you may not have thought about using Bitcoin in order to gamble. Recently, dozens of Bitcoin online casinos have popped up as well as regular online gambling sites that have decided to pick up the new currency, enticing users to join in on playing online games in order to try their hand at gaining Bitcoin currency. Here are five reasons Bitcoin gambling is gaining popularity among online casinos.

Use of Virtual Currency

One of the main reasons why people are flocking to online gambling sites that use Bitcoin is that the use of a virtual currency and not real money is attractive to many online players. This allows users to feel as though they can gamble without spending money that could be put to better use. Bitcoin is considered to be more a type of commodity than an actual currency and so it is easier to play online gambling games using it.

Allows Online Gambling to Be Legal

Due to the fact that Bitcoin is an online currency, it allows many gamblers in countries that prohibit online gambling to finally play their favorite games online. This lets users around the world have an equal chance at making money through online gambling sites. Due to the fact that Bitcoin is more of a currency, it does not violate any laws that are placed on online gambling.

Instantaneous Transactions

One great features of Bitcoin is that it allows for almost instant transactions between peers. This allows for the instant exchange of currency when playing online gambling. Bitcoins even allow players to remain completely anonymous because you cannot track who receives and sends Bitcoins. These features make Bitcoin online gambling games to be very accessible to the everyday user. Using Bitcoins to online gamble often resonates with those people who immediately like to see their reward.

Great Bonuses and Promotions

Online gambling sites that offer Bitcoin games to their users often have great promotions and bonuses in order to entice players to use Bitcoins in order to play. This allows users to get a great deal on playing online games, and they often gain much more of a reward than they would if they were using real money to play. In order to take advantage of the Bitcoin deals that online casinos offer, it is recommended that you research the best online gaming websites online to find one that offers a great variety of promotions and bonuses for their Bitcoin users. Bitcoin casinos also give their players a chance to win a substantial amount of Bitcoins upon winning, and so users are enticed by the large jackpots that are offered. Make sure to look at different casinos' jackpot totals in order to find one with higher winnings.

Wide Variety of Games

The range of different online gambling games that you are able to play at a Bitcoin casino is usually very extensive. There is something for everyone from Bitcoin poker to Bitcoin slots. The more online games that you play, the higher chance you have at winning and earning Bitcoins. Before joining an online casino it's a good idea to browse around and look at the different games that are offered in order to ensure you are satisfied with the variety. However, you are almost guaranteed to find your favorite gambling games that use Bitcoin as the currency of choice.